Shanghai Airport Authority and Lufthansa Cargo have taken a significant step towards strengthening their partnership with the signing of a Memorandum of Understanding (MOU).
The MOU aims to establish a framework to further develop cooperation in focused areas, enhancing operational efficiencies, and improving customer experiences through innovative solutions and shared expertise.
It also recognizes the strategic goal of jointly developing Shanghai Pudong Airport into the world’s most competitive Asia-Pacific core hub and actively exploring ways to deepen the partnership.
Feng Xin, CEO of Shanghai Airport Authority commented: “The last 25 years of partnership through our joint venture have yielded excellent results for both parties.
The MOU marks the beginning of our cooperation journey, and we look forward to even closer collaboration in the years ahead.
Both – the Shanghai Airport Authority and Lufthansa Cargo – are committed to leveraging their strengths and resources to drive the success of this partnership and achieve their shared objectives.
Ashwin Bhat, CEO of Lufthansa Cargo said: “The MOU represents a significant milestone in our collaboration and sets the stage for a deeper and more fruitful partnership in the future.
“Shanghai is the biggest freight hub for Lufthansa Cargo next to our hub in Frankfurt and the MOU gives us the confidence and commitment to further contribute to business excellence in this strategically important market.”
Ashwin Bhat, CEO of Lufthansa Cargo also met Shanghai Vice Mayor Hua Yuan together with delegation of Lufthansa Cargo to report on the industry status and strategic direction of Lufthansa Cargo in Shanghai and China.
They discussed the sustainability and digital development of the aviation logistics, the development of cross-border e-commerce and the strengthening of further cooperation with local enterprises.
During the meeting, the Shanghai government expressed very positive and supportive signals for the cooperation with Lufthansa Cargo.
Vice Mayor Hua Yuan commented: “Shanghai actively develops the sector of aviation logistics and attaches great importance to the development of cross-border e-commerce business.
“The Shanghai Municipal Government is willing to work together to promote Lufthansa Cargo’s deeper participation in the development of Shanghai, including closer cooperation between the Company and the Airports Group, facilitating cooperation among the enterprises and top e-commerce platforms, and jointly boosting the digital integration of China and Germany’s customs.
“Lufthansa Cargo is encouraged to further increase investment and business layout in Shanghai, deepen transformation and cooperation with Chinese related enterprises in the fields of aviation digitization, intelligence and greening, and make contributions to promoting the development of Shanghai’s overseas logistics transportation and promoting Sino-German economic and trade exchanges.”